VIP

Retail Asia11/04/2019

AirAsia, the region’s biggest budget airline, said it prefers to pursue organic growth instead of expansion through acquisitions, partly explaining why it declined to buy Hong Kong’s sole low-cost carrier Hong Kong Express Airways (HK Express). Cathay Pacific Airways, Hong Kong’s flagship premium carrier, this week offered HK$4.93 billion (S$850 million) to buy its budget […]

Retail Asia09/04/2019

Thai AirAsia CEO Santisuk Klongchaiya said the airline has devoted great importance to adding routes to its regional flight bases, looking to build a strong network of destinations that provide the opportunity to add even further routes, providing ever greater convenience to travellers who will no longer need to stop over in Bangkok, said a […]

Retail Asia16/10/2018

Boracay, one of the world’s most famous beach destinations, has reopened for a limited-numbers test run almost six months after closing for a cleanup operation to reverse the fortunes of the resort island once labeled a “cesspool” by Philippines President Rodrigo Duterte. The sun was out to welcome a small group of tourists from the province of […]

Retail Asia30/04/2018

Cebu Pacific is targeting for passenger numbers to hit 22 million in 2018, a 12% increase from the year before. Last year, the Philippine low-cost carrier handled 19.7 million passengers, a 3% year-on-year increase, largely driven by an 8% growth in the number of international passengers. Performance was strong in its key markets of Sydney, Dubai, […]

Retail Asia27/04/2018

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AirAsia X Bhd (AAX) carried 13% more passengers to 1.59 million in the first quarter of 2018 (1Q18) from 1.4 million a year ago on the back of increased capacity as the airline catered to increased travel demand arising from the festive seasons and school holidays during the period. In a statement today, AAX said […]

Retail Asia27/11/2017

A Chinese online shopping giant has arrived in Australia this week to unveil its new Sydney distribution centre. VIP.com is one of the largest players in China’s e-commerce space with total orders for the third quarter of 2017 increased by 23 per cent to 74.0 million from 60.1 million in the prior year period. “Australia […]

Retail Asia07/01/2016

Shares of Vipshop Holdings are lower by 7.99% to $14.05 on Monday morning, as stocks traded in the U.S. but based in China tumble due to the global stock selloff, spurred by concerns regarding the Asian nation’s economic stability. Vipshop is a Guangzhou-based holding company that operates as an online discount retailer for brands in China. […]

Tag: VIP

How founder’s distaste for buying drove AirAsia’s growth

AirAsia to launch Phuket-Phnom Penh direct flights

Philippines island Boracay reopens for test run following huge cleanup

Cebu Pacific targets 12% passenger growth with A321 deliveries

AirAsia X’s 1Q passenger traffic up 13%

VIP to invest in Australia

Vipshop Stock Slumping as China Trading Halted